E*TRADE Financial Corp. (NASDAQ:ETFC)‘s stock had its “buy” rating reaffirmed by research analysts at Sterne Agee in a report released on Thursday, AnalystRatings.NET reports. They currently have a $19.50 target price on the stock. Sterne Agee’s target price would indicate a potential upside of 12.46% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays raised their price target on shares of E*TRADE Financial Corp. from $10.00 to $14.00 in a research note to investors on Thursday. They now have an “underweight” rating on the stock. Separately, analysts at Goldman Sachs Group Inc. reiterated a “buy” rating on shares of E*TRADE Financial Corp. in a research note to investors on Thursday. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of E*TRADE Financial Corp. from $14.50 to $17.50 in a research note to investors on Wednesday, October 9th. They now have a “market perform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $13.93.
E*TRADE Financial Corp. (NASDAQ:ETFC) traded down 4.53% during mid-day trading on Thursday, hitting $16.555. The stock had a trading volume of 7,620,554 shares. E*TRADE Financial Corp. has a 1-year low of $7.70 and a 1-year high of $17.47. The stock’s 50-day moving average is $15.08 and its 200-day moving average is $12.31. The company’s market cap is $4.750 billion.
E*TRADE Financial Corp. (NASDAQ:ETFC) last announced its earnings results on Wednesday, October 23rd. The company reported $0.16 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.17 by $0.01. The company had revenue of $417.00 million for the quarter, compared to the consensus estimate of $419.41 million. During the same quarter last year, the company posted ($0.10) earnings per share. E*TRADE Financial Corp.’s revenue was down 14.9% compared to the same quarter last year. Analysts expect that E*TRADE Financial Corp. will post $0.66 EPS for the current fiscal year.
E*TRADE Financial Corporation (NASDAQ:ETFC) is a financial services company, which provides online brokerage and related products and services primarily to individual retail investors under the brand E*TRADE Financial.
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